Global Flavonoids Market, 2016 – 2021

Published By: Zion Market Research
Global Flavonoids Market Is Expected to
Reach above USD 1047.63 million in 2021
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Flavonoids Market
Zion Market Research has published a new report titled “Flavonoids Market (Anthocyanins, Flavones,
Anthoxanthins, Flavanones, Isoflavones, and Chalcones) for Pharmaceutical, Food and Beverages,
Nutraceuticals and Animal Feed: Global Industry Perspective, Comprehensive Analysis, Size, Share,
Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global flavonoids
market was valued at over USD 840.2 million in 2015, is expected to reach above USD 1047.63 million in
2021 and is anticipated to grow at a CAGR of slightly above 3.75% between 2015 and 2021.
Flavonoids are one of the highly consume phytonutrient from in fruits and plants. It is the pigmentation factor in
plants which provide colors to the flowers and act as UV filtration in higher plants. They are also secondary
metabolites of plants and fungus. Until now, approximately 5000 flavonoids have been discovered among
which only a few are utilized as the coloring agent or antioxidant and preservative. Flavonoids reduce estrogen
hormone which averts prostate, breast and many other types of cancer.
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Flavonoids Market
There has been the huge demand for junk food due to changing lifestyle which in turn has led to the potential
growth of disorders such as obesity and high cholesterol. Hence, raising awareness regarding health
consciousness among the young generation is driving the flavonoids market. Surging discretional income and
easy availability of functional foods is expected to positively impact the growth of flavonoids market in the near
future. Also, diverse applications of flavonoids in food and beverage industry and nutraceuticals industry help
in bolstering the growth of flavonoids market. Surplus consumption of flavonoids can switch the flavonoids to
mutagens which may obstruct the growth of flavonoids market. Nonetheless, untapped market of flavonoids in
the emerging countries is likely to offer ample opportunities for flavonoids market in coming years.
Some of the major flavonoids types are anthocyanins, flavones, anthoxanthins, flavanones, isoflavones, and
chalcones. Anthocyanins are considered as the major revenue generator segment due to the huge demand for
anthocyanins from the food industry. Anthocyanins act as natural coloring agents in food and beverage
industry. Flavones are expected to be the accelerated segment in the coming years. Flavonoids can be used
as antioxidants, anti-inflammatory, coloring agent and as preservatives in the food industry. Some of the
widespread applications of flavonoids are pharmaceutical, food and beverages, nutraceuticals and animal
feed. Among all, nutraceuticals are the leading segment in the flavonoids market with significant market share.
The use of flavonoids as the functional food and food supplements for lowering weight and cholesterol spur
the flavonoids market in nutraceuticals.
The flavonoids market was dominated by North America in 2015 and was considered to be the highest
revenue generating region. This was mainly due to the hectic lifestyle of the population in this region which led
to several disorders, which resulted in high consumption of antioxidants supplements. The number of obese
and patients suffering from depression in this region is rising which is aiding the growth of flavonoids market in
North America. Europe was the second largest market for the flavonoids in 2015 due to escalating health
complexity owing to high blood cholesterol level and growing aging population in this region.

Flavonoids Market
Emerging economies such as India, China, and Japan are expected to be the most prominent markets in the
near future due to increasing expenditure capacity of the maximum population of the functional food.
Moreover, rising concern for health is mounting in these economies. This contributes to the growth of the
flavonoids market significantly. Latin America exhibits lucrative growth over the period of years due to
changing lifestyle and growing preference of consumers towards the functional foods. The Middle East and
Africa consist of abundant of raw sources of flavonoids and diverse antioxidants which are projected to propel
the growth of the market in the forecast period.
Kemin Industries, Foodchem International Corporation, EXTRA SYNTHE SE, Meherrin Agricultural &
Chemical Company, Cayman Chemical Company, Quercegen Pharmaceuticals, International Flavors and
Fragrances, Aquapharm Bio-Discovery Limited and Indofine Chemical Company Inc among others are some
of the major players in the flavonoids market.
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Flavonoids Market
Zion Market Research
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States
Tel: +1-386-310-3803 GMT +49-322 210 92714
Tel: +1-855-465-4651 (US/CAN TOLL FREE)
Email: sales@zionmarketresearch.com Web: www.zionmarketresearch.com